0.23 Acre Apartment Parcel in Downtown Portland

1414 SW Park Avenue, Portland, Oregon 97201

$5,000,000

Status:

Available

County:

Multnomah

Units:

N/A

Year Built:

N/A

Land Size:

0.23 Acres

Unit Mix:

73 permitted

Floors:

7 planned

Located in an opportunity zone at the corner of SW Park and Columbia in the heart of downtown Portland, this 0.23-acre apartment parcel is an incredibly rare opportunity for a fully-permitted development site at a prized location. Just steps from the city's Central Business District, Portland State University and the Pearl District, the property has permit approval for a 7-story, 53,000 SF multifamily building with 73 residential units. Plans include a ground-floor garage with 11 parking spaces, a residential lobby, leasing office, and a rooftop deck.